On August 15, 2019, the first steel cut took place at the Meyer Werft shipyard in Papenburg for the sister ship of AIDAnova, a world’s first cruise ship that is fully powered with liquefied natural gas (LNG). With the official start of construction…
The editors of Marine Technology Reporter are pleased to share that Sven Lindblad, Lindblad Expeditions, is #3 in the 14th Annual 'MTR100'. The full electronic edition of Marine Technology Reporter is available at https://magazines.marinelink…
VT Halter in Pascagoula, MS has been on a strong run, capped by its winning the high-profile contract to build the U.S. Coast Guard’s next generation of icebreakers. Maritime Reporter recently spoke with Ron Baczkowski, President and CEO, VT Halter Marine…
Saudi Aramco announced that its net income was $46.9 billion for the first half 2019, compared to $53.0 billion for the same period last year. That easily outstripped corporate titans such as Apple Inc, Amazon.com Inc and other big oil producers…
New South Wales Government is considering a proposal for a $590 million liquefied natural gas (LNG) import terminal in the Port of Newcastle, with the project given critical state significance.Under the prosposal, the terminal will be built…
German logistics and transportation company Hamburger Hafen und Logistik AG (HHLA) said that it has closed the first half of 2019 with rising revenue and results, despite a challenging market environment.Container throughput increased moderately…
Norway-based Wilhelmsen Ship Management (WSM) announced that we have been selected as the technical manager for the Stove Shipping AS (Stove) vessels, Stove Friend and Stove Tide.The two supramaxes are the newest addition to the Stove fleet built in 2016 by Tsuneishi shipbuilding Co…
The global provider of benchmarks and investible indices, Standard & Poor’s (S&P) has affirmed the ‘BBB+’ Issuer Credit Rating on Danish Ship Finance and revised the outlook to ‘Stable’ from ’Negative’.' We are revising our outlook on Danmarks…
A new freight train service has been launched linking Jinan, capital of east China's Shandong Province, and Budapest, capital of Hungary, making it the newest China-Europe freight train route.According to Xinhua, this is the fifth freight train service Jinan has opened to Europe and Central Asia…
Huntington Ingalls Industries announced today leadership changes at its Ingalls Shipbuilding and Newport News Shipbuilding divisions.Premo Sabbatini has been promoted to vice president of central planning and process excellence at Ingalls Shipbuilding…
TecPier and Newark Venture Partners invested in the US startup SensorTransport with a mid-range six-figure investment. SensorTransport connects global shippers with local carriers to collect digital tracking, proof of delivery and condition monitoring of cargo in transit…
The charity behind the campaign to build the UK’s national memorial to the Battle of the Atlantic in Liverpool has announced that HRH The Princess Royal, has become its Patron.In a letter to the campaign Her Royal Highness said:“The Battle of the Atlantic…
To accommodate Dachser’s consistent growth in the industrial goods and refrigerated foods sectors, the logistics solutions provider is investing $20 million dollars to build a new branch as well as a new transit terminal in northern Germany…
Kuebix, a leading TMS software provider and creator of the largest connected shipping community, has announced the addition of John Rogers to the position of Chief Financial Officer on its expanding leadership team.Rogers is a seasoned executive…
The West of England, a leading mutual marine insurer, has appointed a new Senior Claims Manager to work in its Americas team.Emily McCulloch joined the London office on the 7th August but will transfer to the New York City office before the…
